Delmar Nord · 16 hours ago
Private Credit Associate
NYC Metro Area
Full-time
Onsite
Entry, Mid Level
$200K/yr - $400K/yr
2+ years expDelmar Nord is seeking a talented Leveraged Finance Associate to join their growing Private Credit platform. This role involves executing complex financing transactions and conducting due diligence across a diverse portfolio of middle-market and large-cap companies.
Staffing & Recruiting
Hiring Manager
Sebastian Northrup
Responsibilities
Execute leveraged finance transactions from origination through closing, including credit analysis, financial modeling, and documentation review
Build and maintain detailed financial models to evaluate potential investments, including cash flow projections, covenant compliance scenarios, and recovery analyses
Conduct comprehensive due diligence on prospective borrowers, including industry research, competitive positioning analysis, and management assessment
Prepare investment committee memoranda and presentations articulating credit thesis, risk factors, and recommended terms
Monitor existing portfolio companies through quarterly and annual financial reporting, covenant compliance tracking, and ongoing borrower communication
Collaborate with legal counsel, consultants, and third-party advisors throughout the transaction lifecycle
Support senior team members in building and maintaining relationships with private equity sponsors, investment banks, and intermediaries
Participate in credit committee meetings and contribute to portfolio risk management discussions
Qualification
Required
2-4 years of relevant experience in leveraged finance, investment banking (coverage or M&A with debt financing exposure), credit rating agency, or related field
Bachelor's degree in Finance, Economics, Accounting, or related discipline from a top-tier university
Strong financial modeling and analytical skills with demonstrated proficiency in Excel and financial statement analysis
Solid understanding of capital structures, credit documentation, and leveraged finance markets
Excellent written and verbal communication skills with ability to articulate complex credit stories clearly and concisely
Detail-oriented with strong organizational skills and ability to manage multiple transactions simultaneously
Self-motivated team player who thrives in a fast-paced, entrepreneurial environment
Preferred
MBA or CFA designation (or progress toward completion)
Experience with sponsor-backed transactions and private equity financing structures
Familiarity with broadly syndicated loans, high-yield bonds, and alternative credit products
Direct lending or private credit fund experience
Benefits
Comprehensive benefits package including health, dental, and vision insurance
401(k) with employer match
Professional development opportunities and support for CFA or other relevant certifications
Exposure to senior leadership and accelerated career progression in a growing platform
Company
Delmar Nord
At Delmar Nord, we work with only the best talent across quant, tech, and data, finding the critical building blocks needed for any successful quantitatively-driven investment business, When it comes to engaging both active and passive talent, we are meticulous in our search to find the top professionals in each niche.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase